HSBC chief steps down unexpectedly after 37 years at bank [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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hsbc.com/investor-relations
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Source: Yahoo! Finance
Mr Quinn, 63, will depart from the role later this year once a replacement has been found. He has been chief executive since 2019 and has been at the bank for 37 years. Mr Quinn, who ran HSBC's commercial bank before ascending to the top job, said the intensity of the role and his wish to spend more time with his family was behind his decision to step down. He said: “I spent some time reflecting over Christmas on the journey for the next few years, and I felt personally that it was time for me to actually get a better balance. “I want to get a better balance for me personally, and for my family to make sure I can spend more time with them. “Doing this job, you have to give 100 percent, if not 120 percent of your energy, your mindset, and your time to the role. “You can keep doing that, but that doesn't necessarily achieve the balance in life that I wanted. I want to have a better balance in how I use my energy. It's as simple as that.” Mr Quinn took over first as interi
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HSBC
Sec Filings
- 5/16/24 - Form 6-K
- 5/15/24 - Form 6-K
- 5/15/24 - Form 13F-HR
- HSBC's page on the SEC website